Hedera’s on-chain activity has picked up notably in recent sessions. Network performance data reflected a steady rise in usage, suggesting growing traction beyond short-term market fluctuations.
The token’s price action responded to this increase in activity, with HBAR recording a 4% daily gain.
On the testnet, Transactions Per Second recently climbed to 44, based on the latest data. Meanwhile, mainnet Transactions Per Second reached 100 just three days earlier.
Taken together, these developments pointed toward rising developer testing and the early stages of decentralized finance activity taking shape across the Hedera [HBAR] network.
New accounts and transactions move higher
Alongside the increase in Transactions Per Second, Hedera witnessed a notable surge in new account creation.
Over the last 24 hours, the number of new accounts rose sharply. In fact, Daily Trend data showed total new accounts climbing to 2,620, marking a 72.9% increase from the previous count of 1,515.
More importantly, transactions linked to these newly created accounts also increased. That suggested new users were actively engaging with the network, rather than simply joining and remaining inactive.
Holder count and TVL support the trend
Longer-term indicators continued to trend in the same direction.
The total number of HBAR holders has steadily increased over time and stood at approximately 4.6 million at the latest reading.
At the same time, Daily Network TVL rose by 2% in a single day, reaching $67.1 million. The previous reading stood near $65.8 million.
These movements suggested that capital continued to flow gradually into Hedera-based applications, reinforcing the broader rise in on-chain engagement.
Price action reflects improving sentiment
HBAR also emerged as one of the day’s notable gainers after posting a moderate 4% price increase.
That move aligned with the improvement seen across on-chain usage metrics and expanding participation on the network.
While short-term price movements may remain uneven, the underlying data pointed more toward organic growth than speculative spikes. Usage activity, holder counts, and TVL have all moved higher in tandem.
Despite the Stochastic RSI entering overbought territory, sustained momentum could still matter. If HBAR manages a clean break above the $0.1161 resistance level, the next upside test could sit near $0.1452.
Final Thoughts
- Hedera’s recent data suggested that usage growth, not short-term speculation, drove its latest momentum.
- If activity continues to translate into sustained engagement, price reactions may follow more organically.
